$2.2M raised St. James Gold Corp. ( $LORD.v $LRDJF ) had some big news today
They announced that they have closed the first tranche of their brokered private placement offering.
This tranche consisted of 54,084 units @ $3.22 per Unit and 532,390 flow-through units @ $3.86 per FT Unit
The aggregate gross proceeds to $LORD was over $2.2M which they plan on using to conduct drilling on their Florin Gold Project, exploration on their Newfoundland properties, general corporate purposes, and more.
$LORD @ MC $80.81 M, $3.85/share
Full Article here:
https://www.globenewswire.com/news-release/2021/08/27/2287887/0/en/ST-JAMES-GOLD-CORP-TSX-V-LORD-ANNOUNCES-CLOSING-OF-FIRST-TRANCHE-OF-BROKERED-PRIVATE-PLACEMENT-OFFERING.html